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Report

Annual report and accounts 2024 to 2025

The Gambling Commission's 2024 to 2025 annual report and accounts. For the period 1 April 2024 to 31 March 2025.

Statement of financial position

At 31 March 2025, the book value of non-current assets was £1.88 million (2023 to 2024, £2.82 million). Assets less liabilities at 31 March 2025 amounted to £10.88 million (2023 to 2024, £13.6 million). The Gambling Commission holds reserves as a matter of prudent financial management, as set out in Note 1(l), Reserves.

The year-end closing cash balance at 31 March 2025 was £31.66 million (2023 to 2024, £31.13 million). During the year, the cash balance reaches its peak between August and November, after the largest tranche of annual fees fall due, which are paid in advance by operators.

The cash position at year end reflects money collected from Gambling Regulation income from three sources as shown in the following table:

Sources of gambling regulation income

Sources of gambling regulation income
Source of cash 2024 to 2025 (£ million) 2023 to 2024 (£ million)
Deferred income 15.32 14.58
Reserves 10.88 13.60
Other payables 7.56 3.70
Trade debtors (2.41) (1.40)
Other 0.31 0.65
Total 31.66 31.13

Grant in Aid (GIA) to fund National Lottery regulation is drawn down monthly only as required, satisfying the normal conventions applying to parliamentary control over income and payment performance.

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